[select-all]

The termination of processing in Crimea by Visa and MasterCard was actually a big deal. It came out of nowhere. One morning ATMs and terminals in shops just stopped working and everybody was left with maybe some cash and a bunch of useless cards. It was not a joke. I was making trips to the nearest working ATM in Russia with like 15 credit cads of our friends and relatives with scribbled pin-codes - a 6-7 hour drive one way, often only to find that we need to drive further to find a not yet emptied ATM. And then returning with a bag of cash.

And then the same winter Ukraine cut electricity and water supply. I remember doing homework with kids by a candle light, wearing warm jackets inside because heating didn't work. Fun times. I don't know how this all was supposed to turn people of Crimea back to Ukraine and who thought it was a good idea. I think it worked the opposite way and turned a lot of locals into supporters of the annexation.

Anyway, I'd say the most upsetting result of the sanctions is almost total absence of large international and Russian business in Crimea. It makes everything very expensive. It's like an additional tax on everything. For example, no large Russian bank has a local branch. There are only few small local banks and as a result it is really hard to get a business loan or mortgage, and the rates are bad. There are almost no stores of big food chains, and it means the food is more expensive than in mainland Russia; there are no McDonalds, no Burger King or Starbucks; you cannot receive an international delivery and you have to pay to one of the many proxy services that re-send packages if you want to receive a package from Amazon; no international flights which means you always need to buy a flight to Moscow first; etc.

[AnonymousPlanet]

Looks like your real problem is that the new overlords actually give a shit about the people. They don't invest in anything unless it is strategically valuable infrastructure.

[select-all]

Well, almost. The problem is that _nobody_ gives a shit about the people. The old overlords demonstrated how much they care by cutting off the power and water supply. The new overlords are not interested in taking more risks to continue what they started. The international community has a very little clue about anything, a strong opinion about everything, and not enough time and attention to give shit about the people.

But this GitHub announcement gives a hope that someone somewhere gives a shit about the problems of real people and that the sanctions will eventually end one way or another.

[simonh]

Why no Russian businesses? I can understand blaming the West and Ukraine for their boycotts, but how come Russia gets a pass for screwing you over as well?

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Yeah, Russia is getting a lot of criticism for this from locals, but nothing changes. The reason is that any large russian business is an international business. They are either a publicly trading company, or have a headquarter in Europe, or partially owned by an international company. For them getting sanctioned would mean multi-millions losses, losing investors, suppliers, and much more. Even the largest state-owned Russian bank cannot afford to open a branch in Crimea because (as they have publicly commented) this will result in mass loss of their investors and will crash their stock price.